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    HomeNewsBusinessStocksBuy Just Dial; target of Rs 715: ICICI Direct

    Buy Just Dial; target of Rs 715: ICICI Direct

    ICICI Direct is bullish on Just Dial recommended buy rating on the stock with a target price of Rs 715 in its research report dated October 18, 2022.

    Broker Research
    October 19, 2022 / 18:26 IST

    ICICI Direct's research report on Just Dial

    Just Dial (JDL) generates revenues from advertisers on various subscription and fee-based packages. • Reliance Retail Ventures now holds a 67% stake in JDL • JDL’s launch of B2B platform will be a key revenue driver in the long run.

    Outlook

    We change our rating from HOLD to BUY. We value JDL at Rs 715 i.e. 23x P/E on FY25E EPS.

    For all recommendations report, click here

    Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

    Just Dial - 191022 - icici

    Broker Research
    first published: Oct 19, 2022 06:26 pm

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